Walmart Commits $25 Million for Global Disaster Recovery Efforts

Walmart Commits $25 Million for Global Disaster Recovery Efforts

and the have announced a five-year, $25 million commitment in support of disaster recovery and resiliency efforts in the U.S. and around the globe.

Announced during a convention in New Orleans that brought together government, business, and nonprofit leaders to reflect on the lessons learned in the ten years since Hurricane Katrina struck the Gulf Coast region, the commitment includes an initial investment of $500,000 in select nonprofits in the region. Walmart also announced new research conducted by that looks to the past and future of disaster response to answer the question, "Are We Ready Now?"

In addition to its latest commitment, Walmart announced $2.9 million in grants to nonprofits working to build the capacity of communities across the United States to respond to disasters through cross-sectoral collaboration, volunteer training, and new technology. Grant awards include $1 million to in support of a new digital platform that enables nonprofits in disaster situations to track supplies in real time and empower companies to match their cash and in-kind donations to needs; $457,000 to , in partnership with , to support the development of a global disaster corps; $250,000 to Team Rubicon to support the reintegration of military veterans in civilian life by using their unique skill sets to respond to disasters; and $1.2 million to the to help build coalitions and local campaigns in the Gulf Coast region, as well as globally, to address challenges related to community preparedness and resiliency. 

"Hurricane Katrina touched our customers, associates, and communities in a profound way, and we haven’t forgotten," said Walmart Stores president and CEO Doug McMillon. "Working hand in hand with the people of the Gulf Region at that difficult moment showed us there are times when we can make a real difference. Today, we’re gathering with leaders in New Orleans to reflect on the progress made since the storm and make a $25 million commitment to disaster response and resiliency globally. We will continue to help communities prepare for — and recover from — the unexpected."

"." Walmart Stores Press Release 08/21/2015.